Santos is a 39-year-old single mother. She was not given the opportunity to go to school. She has seven children and none of them are studying. She makes a living from agriculture by planting corn and beans. She began this business by planting every winter and she now has 25 years of experience. She has help from her husband, who also makes a living from agriculture.
She organizes a group and she is requesting a loan, which will enable her to buy fertilizer for her crops. She hopes to get more land in the future and plant more crops. The other members of the group make a living from pig breeding and planting corn and beans.
La señora Santos es madre soltera, de edad 39 años, no le dieron la oportunidad de ir a la escuela, tiene 7 hojos y ni uno de ellos esta estudiando, se dedica a la agricultura sembrando maíz y frijol, inició este negocio sembrando en cada invierno del año y a la fecha lleva 25 años de experiencia, cuenta con el apoyo de su esposo quien se dedica también a la agricultura.
Organiza un grupo y solicita un préstamo que le servirá para la compra de fertilizante para sus cultivos, espera en el futuro optar a mas tierra y sembrar mas. Las demás integrantes del grupo se dedican a la crianza de cerdos y siembra de maíz y frijol.
About Asociación ASDIR
ASDIR (Asociación de Desarrollo Integral Rural - Association for the Development of Rural Communities) is a community-based organization that works to promote development in the villages and communities where it serves. It was founded in 1999 in the village of Nimasac, Totonicapán Department, by a handful of local men and women to support community projects and group loans. Today ASDIR has 5 offices across 3 departments (Totonicapán, Sololá and Suchitepéquez) serving more than 6,000 clients, most of them in rural communities.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.